Italian fashion group Prada is set to hire former Luxottica chief executive Andrea Guerra in a top management role to ease a transition at the helm to the next generation of the founding family, as said by a source.
Dr Martens has released what it calls "another strong set" of results, covering the six months to late September. Underlying revenue was up as much as 18%, although EBITDA was flat and profit before and after tax fell.
Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.
Fashion fair SteppinOut and SoleSearch have partnered with Royal Enfield to launch the second edition of sneaker festival SneakinOut and will hold a multi-brand shopping fair in New Delhi on November 26.
Luxury fashion and lifestyle e-commerce platform Tata Cliq Luxury has announced it will hold a Black Friday sale from November 23 to 28 to offer sizeable discounts on Indian and international luxury brands.
The menswear show’s next winter edition in January will feature, alongside special guests Martine Rose, Jan-Jan Van Essche, Pierre-Louis Mascia and Château Orlando, two new sections dedicated to design objects and pets.